WORTH PERIPHERALSWorth Peripherals Ltd. (CMP ₹159.00, NSE: WORTH)
The SmartWay Research Desk | 22 October 2026
A Mumbai‑based manufacturing company, incorporated in 1995. Worth Peripherals Ltd. is engaged in the manufacturing of corrugated boxes, printed packaging solutions, packaging paper products, and industrial packaging materials. The company caters to sectors such as FMCG, pharmaceuticals, consumer durables, agriculture, food processing, and e‑commerce, with a growing focus on sustainable packaging so
Review and plan for 22nd October 2026Nifty future and banknifty future analysis and intraday plan.
Hindzinc, M&mfin- results.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Is Jio Sucking Most of the Liquidity from the Market?What press reports call India's biggest public issue opened on 21 October: up to 27 crore fresh shares at ₹1,065 to ₹1,119, which is ₹28,755 crore to ₹30,213 crore, closing on 23 October with trading expected on 28 October. Every screen is asking the same thing: is this draining the market? Here is what the numbers say, and what they can't say.
Where the market stood when I asked about 17,000. My last piece, "Nifty Below Its Weekly Line. Is 17,000 in Range?", went out on 8 October. The Nifty
Infosys Intraday Trend Analysis for October 22, 2026As per my analysis, Infosys looks bearish tomorrow with
Resistance at 1171 and Support1 @ 1128 and Support2 @
1122.
Gaps on either side may not validate my levels. Traders
are suggested to conduct own analysis while trading with
proper risk management.
MGEL (1W) – Bull flag: closed over boxMGEL on the weekly chart, found by a Flag Pattern scan - a quiet pause on a rising average after a run-up.
What the chart shows
Run-up: 26 weeks from 16 Mar 26, in 2 steps.
Pause: 3 weeks, 15 Sep 26 to 5 Oct 26 - the shaded box, highest high to lowest low.
The pause sits on the rising 10-week average line; the newest close is just above it.
Volume in the pause is not quieter than in the run-up.
The newest close finished over the box high.
A trendline also runs through the top of the b
ORIENTHOT (1W) – Bull flag: 6-week pause on 10-candle averageORIENTHOT on the weekly chart, found by a Flag Pattern scan - a quiet pause on a rising average after a run-up.
What the chart shows
Run-up: 23 weeks from 16 Mar 26, in one clean leg.
Pause: 6 weeks, 24 Aug 26 to 5 Oct 26 - the shaded box, highest high to lowest low.
The pause sits on the rising 10-week average line; the newest close is just above it.
Volume in the pause is not quieter than in the run-up.
The newest close finished over the box high.
A trendline also runs through the t
risk 11550• Strategy Execution: We provide trade calls based on trendline setups.
• Lot Size: The calls given are based on standard F&O lot sizes.
• Stop-Loss Execution: Strictly follow the stop-loss levels.
• 15-Minute Candle Close: Consider the stop-loss triggered only after a 15-minute candle closes beyond the level.
• Position Sizing: Limit exposure to a maximum of two open positions at a time.
• Important Note: Do not risk more than 2% of your capital per trade.
WIPRO (1D) – Falling resistance, 3 touchesWIPRO on the daily chart. The lines are ScanSutra's trendline scan, drawn through the chart's own swing highs and lows on a log price scale.
What the chart shows
Falling resistance line: 3 touches, 11 Feb 26 to 19 Oct 26.
Newest closed candle (19 Oct 26): closed right at the resistance line.
No candle has closed through the line.
What to keep track of
A daily close above the resistance line - the first close through it.
How the candles behave at the next touch of the resistance
COFORGE (1H) – Rising support, 4 touchesCOFORGE on the 1 hour chart. The lines are ScanSutra's trendline scan, drawn through the chart's own swing highs and lows on a log price scale.
What the chart shows
Rising support line: 4 touches, 8 Oct 14:15 to 19 Oct 14:15.
Flat ceiling on the other side: 5 touches, the latest on 19 Oct 09:15.
The two lines draw closer to the right.
Newest closed candle (19 Oct 14:15): closed right at the support line.
No candle has closed through the line.
What to keep track of
A 1 hour clos
MAGAD SUGARSMagadh Sugar & Energy Ltd. (CMP ₹566.00, NSE: MAGADSUGAR)
The SmartWay Research Desk | 21 October 2026
A Kolkata‑based sugar and ethanol manufacturing company, incorporated in 2015. Magadh Sugar & Energy Ltd., a part of the K.K. Birla Group, is engaged in the production of sugar, ethanol, power, and industrial alcohol. The company operates integrated sugar complexes in Bihar and benefits from India's ethanol blending program, which supports long‑term growth in the biofuel segment.
Promote
Review and plan for 21st October 2026Nifty future and banknifty future analysis and intraday plan.
Hindzinc, Ltts.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
**My View on VGL — Daily Chart****1. Key Observation**
VGL recently made a strong upside move and is now coming back for a retest. The current area around **₹55–₹58** overlaps with the recent **FVG / imbalance zone**, making it an important demand area. Price may spend another 1–2 sessions retesting this zone.
**2. My View**
I am bullish from this area. Preferred entry is between **₹55–₹58**. The FVG retest can provide support, and if price continues to hold above **₹56**, the probability of a deeper correction reduces si
GRAPHITE (1D) – Bull flag: 25-day pause on 50-day averageGRAPHITE on the daily chart, found by ScanSutra's Flag Pattern scan - a quiet pause on a rising average after a run-up.
What the chart shows
Run-up: 44 days from 9 Jul 26, in 2 steps.
Pause: 25 days, 9 Sep 26 to 16 Oct 26 - the shaded box, highest high to lowest low.
The pause sits on the rising 50-day average line; the newest close is just below it.
Volume in the pause is not quieter than in the run-up.
The pause ended: closed under the box low.
A trendline also runs through the top
VINDHYATEL · Daily · 5-day pause on a rising 21-day average lineOn the daily chart, VINDHYATEL rose for 58 days from 20 Jul 26, then paused for 5 days, from 12 Oct 26 to 19 Oct 26.
The run-up came in 2 steps. The pause sits on the rising 21-day average line; the newest close is just above it. The shaded box marks the pause, from its highest high to its lowest low. Volume during the pause is not quieter than during the run-up. No daily close has left the box yet.
For study only. Not investment advice. ScanSutra is not SEBI registered.
Tata Power — 5–6 month outlookTrendline & price structure
- Price remains in a broad ₹340–420 consolidation range, but recent lower highs and lower lows show weakening momentum.
- RSI: 41.01, below its average of 42.05 — bearish momentum, not yet oversold.
- The stock is testing the lower boundary of its multi-month range.
Key levels
Level Significance
₹340–345 Critical support zone
₹320–325 Downside target if support breaks
₹380–400 First recovery resistance
₹418–420 Major range breakout
₹440–450 Further upside if breakout
MARUTI — 5–6 month positional outlook
Monthly chart analysis · 5–6 month horizon
₹11,551
Bearish trend
Technical view
- Trendline: Price has broken below the long-term rising support line and the triangle structure — a significant bearish development.
- RSI: 32.44, below its average of 40.21; momentum remains weak.
- Support: ₹11,000–11,200, then ₹9,780; deeper structural support near ₹7,737.
- Resistance: ₹12,000–12,500, then ₹13,200–13,500.
Trade plan
Strategy Setup
Swing short Rejection near ₹12,000–1
NAZARA TECHNOLOGIES: Cup & Handle Breakout — Can ₹419 Be Next? Nazara Technologies is showing a textbook-looking Cup & Handle formation on the weekly chart.
The stock has spent several years forming a broad Cup, followed by a relatively smaller Handle consolidation.
The important resistance zone around ₹359–₹360 has now been breached, with the current weekly candle trading around ₹380.
🔥 Why this setup is interesting
🔹 Clear long-term Cup & Handle structure
🔹 Price has broken above the ₹359–₹360 resistance zone
🔹 Breakout is accompanied by increase
EXPLEO SOLUTIONSExpleo Solutions Ltd. (CMP ₹896.00, NSE: EXPLEOSOL)
The SmartWay Research Desk | 19 October 2026
A Chennai‑based engineering, technology, and consulting company. Expleo Solutions Ltd. provides software testing, quality assurance, digital transformation, cybersecurity, engineering services, AI solutions, and consulting services to global clients across banking, insurance, healthcare, automotive, aerospace, and technology sectors. The company is part of the global Expleo Group, which operates























